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Reyes v. Nikola Corporation et al
Case Number:
2:23-cv-02131
Court:
Nature of Suit:
Other Statutes: Securities/Commodities
Multi Party Litigation:
Class Action
Judge:
Firms
- Keller Rohrback
- Levi & Korsinsky
- Paul Weiss
- Pomerantz LLP
- Rusing Lopez
- Wilenchik & Bartness
- Zwillinger Wulkan
Companies
Sectors & Industries:
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March 01, 2024
Levi & Korsinsky Gets Nod To Lead Nikola Investor Action
An Arizona magistrate judge has recommended Levi & Korsinsky LLP to lead an investor suit alleging hydrogen-electric vehicle manufacturer Nikola Corporation failed to disclose that its safety and structural controls were deficient for its battery manufacturing, which made its vehicles unsafe to operate.
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October 16, 2023
EV Maker Nikola Hid Battery Woes From Investors, Suit Says
Hydrogen-electric vehicles manufacturer Nikola Corporation and its top brass have been hit with a securities class action alleging they failed to disclose the company was maintaining deficient safety and structural controls for its battery manufacturing that made its vehicles unsafe to operate, resulting in stock price drops when the problem was eventually revealed.